Tag - toshiba

 
 

TOSHIBA

Japan Times
BUSINESS / Companies
Sep 24, 2017
Apple plays kingmaker in Toshiba chip drama with $3 billion plan to back Bain's bid
With the possibility of providing about $3 billion to Bain Capital, Apple Inc. is playing the role of kingmaker in the battle for Toshiba Corp.'s memory chip business.
Japan Times
BUSINESS / Companies
Sep 20, 2017
Toshiba selects Bain-led group for chip unit sale, looks to get out of debt by next March
Toshiba Corp. said Wednesday it has decided to sell its chip unit to a Japan-U.S.-South Korea consortium for around ¥2.4 trillion ($21 billion), rejecting a counterbid from its longtime partner Western Digital Corp.
BUSINESS / Companies
Sep 15, 2017
Bain names heavyweights Apple, Dell, Seagate as new partners in Toshiba chip bid team
Bain Capital has brought in Apple Inc., Dell Inc. and other technology heavyweights into a consortium seeking to buy Toshiba Corp.'s prized semiconductor unit, the U.S. investment fund said Friday.
Japan Times
BUSINESS / Companies
Sep 13, 2017
Toshiba signs memorandum to favor Bain consortium for chip unit sale
Struggling Toshiba Corp. signs a memorandum of understanding with a consortium led by Bain Capital to accelerate negotiations to sell its flash memory business by the end of September.
Japan Times
BUSINESS
Sep 13, 2017
Toshiba to hold off picking buyer of chip unit again as it weighs Western Digital rival's offer
Toshiba Corp. has once again decided to hold off on making a decision on the buyer of its chip unit at a board meeting as negotiations with a Western Digital Corp.-led group have stalled, sources said Tuesday.
Japan Times
BUSINESS / Companies
Sep 8, 2017
Apple mulls ¥50 billion investment in Toshiba chip unit
Apple Inc. is considering joining a Western Digital Corp. bid for Toshiba Corp.'s chip unit and investing around ¥50 billion ($460 million), sources close to the matter said Friday.
Japan Times
BUSINESS / Companies
Sep 7, 2017
Western Digital seeks future voting stake of 16% in Toshiba Memory
Western Digital Corp. is planning to take just under 16 percent of the voting rights in Toshiba Corp.'s chip unit after it goes public in the future, sources close to the matter said Thursday.
Japan Times
BUSINESS / Companies
Sep 6, 2017
Western Digital asks Apple to join bid for Toshiba chip unit
Western Digital Corp. is asking Apple Inc. to join its bid for Toshiba Corp.'s chip unit in apparent effort to raise more cash for the purchase, sources say.
Japan Times
BASKETBALL / B. League
Sep 3, 2017
Brave Thunders looking to take final step to silverware
A pair of runner-up finishes isn't a bad accomplishment for most teams.
Japan Times
BUSINESS / Companies
Aug 31, 2017
Toshiba chip deal stalls amid counteroffers; Apple joins fray
Western Digital deal with Toshiba stalls as the Japan tech giant fielded last-minute new offers for its flash memory business.
Japan Times
BUSINESS / Companies
Aug 30, 2017
Apple joins Bain consortium's last-minute bid for Toshiba chip unit
A Japan-U.S.-South Korean consortium has made a last-minute bid for Toshiba Corp.'s chip unit, offering around ¥2 trillion ($18 billion) in cooperation with Apple Inc., sources close to the matter said Wednesday.
Japan Times
BUSINESS / Companies
Aug 29, 2017
Toshiba, Western Digital reach broad agreement on chip unit sale
Toshiba Corp. and Western Digital Corp. reached a broad accord on the sale of the Japanese conglomerate's chip unit as the U.S. company has agreed to drop its legal actions, sources close to the matter said Monday.
Japan Times
BUSINESS / Companies
Aug 24, 2017
Toshiba gives chip bid dibs to Western Digital after INCJ gets cold feet
Toshiba taps a consortium led by Western Digital as the favored bidder for the embattled giant's memory chip business.
EDITORIALS
Aug 22, 2017
Still a long way to go for Toshiba
Toshiba has a long way to go before it's in the clear.
Japan Times
Rugby
Aug 19, 2017
Toshiba storms past NEC in weather-delayed match
The Toshiba Brave Lupus juggernaut took the first step toward getting back on track as they opened their new Japan Rugby Top League season Saturday with a 20-0 win over the NEC Green Rockets.
Japan Times
BUSINESS / Companies
Aug 15, 2017
Toshiba's hopes for quick chip unit sale imperiled as talks stall over payment timing
Toshiba Corp.'s talks to sell its chip business to a consortium led by Bain Capital have hit an impasse over the timing of payments for business and governance issues, according to people familiar with the matter, casting doubt on the company's ability to complete a deal quickly.
Japan Times
BUSINESS / Companies / FOCUS
Aug 11, 2017
Toshiba averts delisting for now, but future still hangs in balance
While Toshiba appears to have averted the risk of immediate delisting from the Tokyo Stock Exchange by submitting its annual financial results with sign-off by an auditor ahead of the deadline, the Japanese conglomerate's prospects of maintaining its listing remain far from certain.
Japan Times
BUSINESS / Companies
Aug 10, 2017
Toshiba ducks delisting by submitting long overdue financial report
Struggling Toshiba Corp. dodged delisting Thursday by submitting its annual business report for 2016 just before deadline, accompanied by a shaky sign-off from its auditor.
Japan Times
BUSINESS / Companies
Aug 1, 2017
Toshiba shares demoted from first section of Tokyo Stock Exchange
Battle to remain listed remains due to delays in plan to overcome negative balance sheet through sale of profitable semiconductor unit.
Japan Times
BUSINESS / Companies
Jul 21, 2017
Toshiba to book ¥40 billion special profit from sale of stake in Swiss unit
Toshiba Corp. said Friday it plans to book a special profit of roughly ¥40 billion ($357 million) in the business year to March from the sale of its Swiss subsidiary's shares, part of its effort to raise cash for its looming restructuring plans.

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